Oil slips further below $58 as economic gloom weighs

Financial Post | Oct 3, 2019 at 11:21 AM

Oil slipped further below $58 a barrel on Thursday, pressured by concerns about global economic growth, oil demand and signs of excess supply despite OPEC-led cuts.

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  • Oil slips further below $58 as economic gloom weighs (Reuters: Oct 3, 2019 at 11:20 AM)

Russia’s Largest Oil Company Ditches Dollar In New Oil Deals

OilPrice.com | Oct 3, 2019 at 11:00 AM

Russia’s largest oil company Rosneft has set the euro as the default currency for all new exports of crude oil and refined products, as the state-controlled giant looks to switch as many sales as possible from U.S. dollars to euros in order to avoid further U.S. sanctions against it.

Challenges to Israel’s gas exports [GGP]

Natural Gas World | Oct 3, 2019 at 10:25 AM

Since discovery of natural gas in its exclusive economic zone Israel has been dreaming of exports, riches and political influence. Massive political capital has been expended in this direction, but so far without results, apart from small exports to Jordan, and possibly Egypt, but not to global markets.